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20121201
20121231
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to houston could put a lot of cargo in limbo, about 40% of all imports into the u.s. it could happen as early as sunday. and in our cover story, that could leave spring merchandise sitting on the high seas instead of store shelves. nearly 15,000 longshoremen may go on strike sunday if negotiators with commercial cargo shippers cannot reach agreement on a new six-year contract. and there is some hope - both sides agree to resume talks before an extended december 29th deadline. but if talks fail, would the fiscal cliff and a port strike be a one-two punch to the economy? "if its a couple of days, i think ultimately it would be a blip on the radar, but if it goes two weeks, it becomes a much greater problem." a key sticking point involves a fee longshoremen receive for each container that arrives in port. the container royalty fee was invented to help offset the need for fewer workers during the transition from bulk cargo to containers in the 1950s and 60s. shippers want the fee limited. longshoremen disagree. "it can be $15,000 per person. $200 million a year added to the cost of goods. that's
houston. the faa is ordering checks on fuel line connections on all 787s. poor connections could cause fuel loss, engine shutdowns, or fires. the city of lights is hitting the dimmer switch. this week, officials in paris proposed a plan for shops and public buildings to turn off lights at night to cut costs and save energy. already, museums, churches and the eiffel tower go dark for the night. not everyone is saying "oui." some are concerned the plan will be a turn-off for tourists. however, the french government hopes the ban extends nationwide. now that there's a baby on the way for the duke and duchess of cambridge, entrepreneurs are popping up with money-making ideas. similar to what happened in the days leading up to royal wedding, the expected bundle of joy is causing a stir in the financial world, including wagers on baby names and whether multiple babies will be born. "i think any time you get a royal, even of this magnitude, the first thing that business owners will think about is how can i make money, and there will be ways, from different types of cups to ornaments." that wa
Search Results 0 to 1 of about 2